Lincluden Management Ltd.
Annual return '25
+14.4%
SPY '25
+17.7%
Alpha
-3.3ptsvs SPY
Invested
$939K
Holdings
68
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 97%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$RY
ROYAL BANK OF CANADA
Q4 2025: Exited (was 443.8k shares)
7.1%
02
$TD
TORONTO DOMINION BK ONT
Q4 2025: Exited (was 906.6k shares)
7.0%
03
$TRP
TC ENERGY CORP.
Q4 2025: Exited (was 825.9k shares)
5.2%
04
$BCE
BCE INC
Q4 2025: Exited (was 1.95M shares)
5.1%
05
$PBA
PEMBINA PIPELINE CORP.
Q4 2025: Exited (was 927.9k shares)
4.9%
06
$CNR
CANADIAN NATL RY CO COM
Q4 2025: Exited (was 434.3k shares)
4.5%
07
$BNS
BANK NOVA SCOTIA HALIFAX
Q4 2025: Exited (was 698.4k shares)
4.3%
08
$CNQ
CANADIAN NAT RES LTD COM
Q4 2025: Exited (was 700.1k shares)
3.7%
09
$SU
SUNCOR ENERGY INC
Q4 2025: Exited (was 557.7k shares)
3.7%
10
$QSR
RESTAURANT BRANDS INTL INC.
Q4 2025: Exited (was 484.1k shares)
3.6%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 13:15 UTC.